signal strength 4 of 5
The Triple Bottom pattern has formed on the chart of #KO H1. Features of the pattern: The lower line of the pattern has coordinates 70.18 with the upper limit 70.18/69.78, the projection of the width is 175 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 68.43, the price is most likely to continue the upward movement.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
The Double Top pattern has been formed on #KO M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 70.07
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPCHF M5. Characteristics: the upper boundary 1.1400; the lower boundary 1.1392; the width of the pattern is 8 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURUSD M5; the upper boundary is 1.0770; the lower boundary is 1.0753. The width of the pattern is 18 points. In case
The M5 and M15 time frames may have more false entry points.
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